Tom Lee's Fundstrat Granny Shots ETF (NYSE: GRNY) Surpasses $2 Billion in AUM Less Than 9 Months After Launch -- Outperforming the S&P 500 by 907 Basis Points and Ranking Among the Fastest-Growing Equity ETFs in History

Rhea-AI Summary

Fundstrat Granny Shots ETF (NYSE: GRNY) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) in less than 9 months since its November 2024 launch. The ETF has delivered impressive performance with a 17.88% total return since inception, outperforming the S&P 500 by 907 basis points year-to-date as of July 25, 2025.

GRNY, managed by Tom Lee's Fundstrat Capital, focuses on high-quality S&P 500 stocks aligned with multiple key themes including global labor shortage, cyber and energy security, millennials, and monetary policy cycles. The ETF typically holds around 35 names and provides investors with regular updates through weekly videos, strategy updates, and monthly webinars.

Positive

• None.

Negative

• New fund with limited operating history increases investment risk
• Concentrated portfolio of ~35 stocks may increase volatility
• Dependence on third-party data and investment models poses operational risks

Insights

ETF Market Analyst

GRNY ETF's rapid $2B AUM growth and 907bps outperformance demonstrates exceptional market traction for Tom Lee's thematic investment approach.

The Fundstrat Granny Shots ETF's meteoric rise to $2 billion in assets under management in less than 9 months represents an extraordinary growth trajectory in the competitive ETF landscape. This places GRNY among the fastest-growing active equity ETFs in history, according to the cited Morningstar and FactSet data.

What makes this achievement particularly noteworthy is the fund's 17.88% total return since inception, outperforming the S&P 500 by 9.07% (907 basis points) year-to-date. This substantial alpha generation speaks to the effectiveness of the fund's concentrated, theme-based investment approach.

GRNY's strategy of selecting approximately 35 high-quality stocks from the S&P 500 that align with multiple long-term thematic trends (labor shortages, cybersecurity, energy security, millennial trends, monetary policy cycles) appears to be resonating strongly with investors seeking concentrated exposure to secular growth themes.

The fund's transparent communication strategy through weekly videos and research updates likely contributes significantly to investor confidence and retention. In an increasingly crowded ETF marketplace, this commitment to communication represents a differentiation strategy that helps explain the rapid asset accumulation.

For context, reaching $2 billion AUM in under a year puts GRNY in rarefied territory among equity ETFs. While thematic ETFs have seen varying degrees of success, this growth rate indicates exceptional market traction and suggests Tom Lee's established market reputation and Fundstrat's research-driven approach have translated effectively into the ETF format.

NEW YORK, July 29, 2025 /PRNewswire/ -- Tom Lee's Fundstrat Granny Shots U.S. Large Cap ETF (NYSE: GRNY) has officially surpassed $2 billion in assets under management (AUM) in less than 9 months since the launch in November 2024 - solidifying its place among the fastest-growing active ETFs in the U.S. equity market.¹  With a total return of 17.88% since inception, GRNY has outperformed the S&P 500 by 907 basis points year-to-date, as of July 25, 2025.

GRNY ("Granny Shots") seeks to own the highest-quality stocks in the S&P 500—typically around 35 names—by identifying the most important thematic arcs over the next 5-10 years and then buys the strongest and highest quality stocks anchored to at least 2 of those themes.  These multiple key themes include global labor shortage, cyber and energy security, millennials, monetary policy cycles and are anchored by Fundstrat's research-driven framework.

"We want to make investing in our ETF understandable and transparent.  We do this by explaining our investment process of theme-focus and selection and by communicating regularly with our weekly videos," said Thomas "Tom" Lee, Chief Investment Officer & Lead Portfolio Manager at Fundstrat Capital. "Many GRNY holders tell us they appreciate the videos as they give them a clear idea of how we are making investment decisions."

"GRNY's performance reflects the strength of our disciplined, theme-based process. By aligning the portfolio with long-term macro trends—such as demographics, technological innovation, and monetary policy—while being mindful of near-term signals like PMI recovery and style or industry rotation, we aim to deliver durable results for investors."
— Ken Xuan, Portfolio Manager at Fundstrat Capital

GRNY is supported by Fundstrat's evidence-based research: weekly strategy updates from Tom Lee, consistent email notifications to investors, and live monthly webinars—designed to equip investors and advisors with institutional-quality content to support their investment decisions and transparency of the fund.

For more information about the Fundstrat Granny Shots U.S. Large Cap ETF (Ticker: GRNY), visit grannyshots.com or contact inquiry@fundstratcapital.com.

Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end and standardized performance data, please visit grannyshots.com/performance.

¹ Morningstar and FactSet data as of July 25, 2025. Excluding ETFs converted from mutual funds or separately managed accounts, the comparison includes U.S.-listed, actively managed large-cap equity ETFs launched since November 18,1991. GRNY reached $2 Billion in AUM in under 9 months on July 25, 2025.

DISCLOSURES:

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus. Please read the prospectuses carefully before you invest.

Investing involves risk. Principal loss is possible.

The principal risks of investing in the Fund are summarized below. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund. Some or all of these risks may adversely affect the Fund's net asset value per share ("NAV"), trading price, yield, total return, and/or ability to meet its investment objective. For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Additional Information About the Fund-Principal Risks of Investing in the Fund."

Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers.

Models and Data Risk. The composition of the Fund's portfolio is heavily dependent on investment models developed by the Sub-Adviser as well as information and data supplied by third parties ("Models and Data"). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund's portfolio that would have been excluded or included had the Models and Data been correct and complete.

Operational Risk. The Fund is subject to risks arising from various operational factors, including, but not limited to, human error, processing and communication errors of the Fund's service providers, counter parties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund relies on third-parties for a range of services, including custody.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Distributed by Foreside Fund Services, LLC

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SOURCE Fundstrat Capital

FAQ

What is the performance of GRNY ETF in 2025?

GRNY ETF has achieved a 17.88% total return since inception, outperforming the S&P 500 by 907 basis points year-to-date as of July 25, 2025.

How much AUM does Tom Lee's Fundstrat Granny Shots ETF (GRNY) have?

The GRNY ETF has surpassed $2 billion in assets under management as of July 25, 2025, less than 9 months after its launch.

What is the investment strategy of GRNY ETF?

GRNY invests in approximately 35 high-quality S&P 500 stocks that align with multiple key themes including global labor shortage, cyber and energy security, millennials, and monetary policy cycles.

Who manages the Fundstrat Granny Shots ETF?

The ETF is managed by Thomas 'Tom' Lee as Chief Investment Officer & Lead Portfolio Manager, along with Ken Xuan as Portfolio Manager at Fundstrat Capital.

How often does GRNY provide updates to investors?

GRNY provides weekly strategy updates from Tom Lee, regular email notifications, and live monthly webinars to keep investors informed about the fund's strategy and performance.